SiNtx Technologies Inc (SINT)

[CL101]

I think i made a bit of miscalculation on the warrants adjusted price:

First ones, I posted $3.09, it actually was:

Average of lowest 3 trading days was $3.55 = ($3.55 + $3.55 + $3.56)/3

https://finance.yahoo.com/quote/AMDA/history?period1=1514793600&period2=1516176000&interval=1d&filter=history&frequency=1d

85% of $3.55 = $3.02

and ...

the 2nd ones, I posted $2.24, it actually was:

Average of lowest 3 trading days was $2.46 = ($2.22 + $2.56 + $2.6)/3

https://finance.yahoo.com/quote/AMDA/history?period1=1517817600&period2=1518854400&interval=1d&filter=history&frequency=1d

85% of $2.46 = $2.09

So comparing warrant exercised price of $2.125 > $2.09 !!!!! = Higher.

Amended warrants were $2.00 < $2.09 = Lower

Come on Boston, stop nip picking on the little pennies here. Was there any solid REAL news on Jan? or Feb? that would create a run in PPS & high volume??? NONE right? was there any trading day over 1-million share volume? NONE right? So how the heck the warrants just exercise out of the blue w/o any volume or REAL news. LUCKILY, THEY DIDN'T PUT OUT A PUMPING PR OUT OF THIN AIR TO CREATE VOLUME & PRICE MOVEMENT IN JAN OR FEB (THAT WOULD BE ILLEGAL; THAT WOULD CREATE A SOLID P&D RIGHT THERE for the BIG BEARs to spin more BS! THEY DID NOT, RIGHT?) THE NEWS WAS FDA CLEARANCE (REAL NEWS) in March! Warrants converted mostly on news out day & high volume - Also, what if the holder exercised the warrants & can't liquidate their shares due to no volume (do you expect all warrants investors will hold shares, these big investors might just want some quick $ - might be just how they operate...& that is how warrants work anyway)...warrants exercised back in 2016 on the big deal singed with WEIGAO (REAL NEWS)? wasn't it? what was the volume again? in millions, right? Did you go back & checked on all conversions of derivative securities (esp. the conversion price) from many other notes back in 2016...or even 2015 & the "fine print" on warrants contracts. I bet you haven't, BOSTON!!!

Also, my calculations of $9 mils to $12 mils on 4th Q 2017 revenue based on cash flow...FYI...I ran many permutations including many tiny, extra items/lines of expenses & profits in their cash flow - based off past #s. The results I posted came up to be the same. Please stop spending your energy & resources to nip picking on me & use all your energy for god sake to counter these BIG BEARs that are manipulating the share price as of now!

and...

I believe the $3.87 is the fixed conversion price to Magna & Anson's favor, in case if the PPS goes to $100, $200, $300 per share...still $3.87 for them...ceiling price for them. Moreover, you REAL BULLs possibly forgot about the strategic reason behind the $$$ they got to pay whom off????? paying Magna & Anson off is a very critical move - M&A deal can be signed inside closed door!!! no need to ask for consent letters = no leak to 3rd parties! They don't have to contact L2 (since L2 doesn't bite on assets & IP)

All based on "fine print"...not really a discount after all...WHO WAS THE ONES BEHIND THE SCENE THAT KEEP SHORTING THIS TO PUT PRESSURE ON THE PPS? So the exercise price had to adjust lower...& they all came out & tell the world, CEO & cronies again blah blah blah & NOW, IT'S TRADING BELOW THE PPS BEFORE FDA CLEARANCE!!!

WHO IS DOING ILLEGAL STUFF HERE?

More BIG BEARs showed up & Why not get loan on the conventional way? Longer process to get the loan with regular big banks. They rushed to file all the amended Qs filing on the last trading days of 2017. The Hercules loan was due on the first of 2018! What other choice they really had though? Keep spinning...until the M&A announcement day, the BEARs will keep spinning until the deal successfully close!!! SMH. & very funny that they are here to look out for little investors - f-ing good hearts, isn't it?...so kind & so nice...roll eyes...angels sent by god I guess.

Also, FYI on the SEC rules on warrants...the POS-AM...

POS-AM was filed to prepare the warrants to get exercised was needed by SEC, because the original contract date (back in 2016 right?) of the warrants past 365 days & the warrants haven't yet exercised.

and...

The 2nd reason to file POS-AM out of the blue is when a private company is being offered by another private company & turn the company that being bought to become a public company - hence the POS-AM has to file with SEC within days after they received any offers (mandatory by SEC).

and...

The 3rd reason to file POS-AM is when the M&A deal is approved by FTC, they have to file POS-AM to DEREGISTERED all unused registered securities, like these:

This post-effective amendment (the “Post-Effective Amendment”), filed by Exactech, Inc.., a Delaware corporation (the “Company”), removes from registration all shares of common stock, par value $0.01 per share, of the Company (the “Shares”) registered under the Registration Statement No. 333-150055, originally filed with the Securities and Exchange Commission (the “SEC”) on April 2, 2008 (the “Registration Statement”).

On October 22, 2018, the Company entered into an Agreement and Plan of Merger, as amended by Amendment No. 1 thereto, dated as of December 3, 2017 (the “Merger Agreement”) with Osteon Holdings, Inc., a Delaware corporation (“Parent”), and Osteon Merger Sub, Inc., a Florida corporation and a wholly owned indirect subsidiary of Parent (“Purchaser”).

https://www.sec.gov/Archives/edgar/data/913165/000091316518000050/forms-3amend.htm (please note the wrong year - it was Oct 22, 2017 not 2018 - who the heck prepared that SEC filing for them - LMAO - WTF)

and...

Today's PR about Nasdaq, as you can see, they are not in a hurry to host any annual meeting (meaningless anyway, as there will not be business operations in 2019 & after). Some companies did announce annual meeting days before the M&A news announcement (means they will host 2 meetings), so the announcement of annual meeting will be "do biz as usual" filing anyway...but i still highly doubt AMDA will waste the resource to host an unnecessary annual meeting anyway. Don't forget I have 500+ M&A real examples that I collected for months to back the information I post. Quite a few examples in the image:

https://imgur.com/a/DXtQ7

Regarding the S-1:

The S-1 still no calendar yet...it said clearly that they wanted to use the $ to pay the notes off from the proceed of the right offering if they ever executed it.

#s to back their tricky move:

10000 rights ($10 mils - $1K per right) with only 3 mils shares, which means

3,000,000 shares / 10,000 rights = 300 shares to qualify to buy 1 right of $1K each.

vs.

If they only advertised 3000 rights (to raise $3 mils instead of $10 mils):

3,000,000 shares / 3,000 rights = 1000 shares to qualify to buy 1 right of $1K each.

IT MEANS:

In order to raise enough - $3 mils only (to pay Magna & Anson off)- If I read their strategies correctly.. you see the above calculations showed that every single investor (same amount of shares, but can buy 3 folds of rights) can help to fill that 2,500 to 3,000 rights quicker by advertising $10 mils vs. $3 mils or even $2.5 mils (this is all they wanted)...and they can cancel the rights offering anytime anyway...as soon as they raise enough.

See how tricky & smart they are??? anyway...S-1 was a contingency plan as I see it....right offerings is more relax, flexible compares to regular public offering. Most importantly, whoever buys the rights, has to pay first (prepayment), and get the shares later (in weeks or cashless conversion in case of M&A announcement subsequently)... If you still can't see their tricky, smart moves, then I have nothing else to say.

Regarding the 4Q 2017:

This holds important numbers - the higher revenue - also the strategic information related to Zimmer's 2018 Full Year Revenue (directly...yet to be announced)!!! Something Hanson kept as a little secret to surprise Zimmer's investors on the upcoming Q1 CC.

Like my way of calculations together with Boston calculations, both led to the est. of $3 mils to $4 mils revenue per month of Oct, Nov, Dec 2017.

So in 2018, no growth is around $50 mils ($4 X 12 months) per year.

With 20% growth rate would be $60 mils easy as hell...from a sale team of under 30 guys.

Now add the synergies with Zimmer (sale teams of 500 in many countries!), oh my god...how hard easy to move that $60 mils to $100 mils to add to Zimmer's 2018 Full Year Revenue!!!

What about 25% growth rate apply in subsequent years.

$100 mils X 1.25 = $125 mils in 2019. & so & so

Remember this is just from Spine products!!!

How easy for Si3N4 tech to help Zimmer to pull in $500 mils by 2023 (5th year penetration)...I would say piece of cake upside down...it's still a piece of cake, but just upside down!!!

Don't forget Hanson mentioned mid-single-digit (5% growth rate minimum) to low-double-digit growth in his 4Q 2017 CC...where you think he got these est. #s from? From the deep ocean? From the sky above us? Si3N4 tech!!!!!!!!!

Remember, Zimmer paid LDRH around $1 bil & expected they to pulled in $260 mils to $270 mils by the 5th year after acquisitions...they claimed impairment in 2017...so the #s drop down to around $220 mils (on my last post)

NOW YOU, REAL BULLS CAN DREAM BIG!!!

DON'T BE SURPRISE THAT YOUR DREAM WILL COME TRUE!!!

Now moving on LDRH acquisition again:

2. Zimmer Biomet will use cash balances on hand to pay for the transaction, as well as availability under its revolving credit facility. The company will issue $750 million of senior unsecured notes, from which the proceeds will repay the credit facility.

https://www.beckersspine.com/orthopedic-a-spine-device-a-implant-news/item/31753-zimmer-biomet-to-acquire-ldr-in-1b-transaction-9-things-to-know.html

Currently, Zimmer has $1.5 billions ready-to-use credit facility (pre-approved)!!! I believe Boston posted this info. already. Together with the shelf shares they registered days ago.

Pay for the M&A deal by CASH + STOCK & might be some CVR (future milestones like Hips, Knees, Dental, Metal brazing tech, etc...)

This damn M&A saga should be over soon - based on Hanson's Q1 CC hinting & Zimmer is getting shares & $$$ in their coffer ready as well.

Also, AMDA just obtained enough $ to pay Magna & Anson off (2 notes that bite on assets & IP).

& the latest here, ZBH got the $$$ from the note offering today:

https://www.sec.gov/Archives/edgar/data/1136869/000119312518082695/d508352dex11.htm

https://www.sec.gov/Archives/edgar/data/1136869/000119312518082695/d508352d8k.htm

So the $1.5 billions revolving credit can be used freely now.

BEARs...Better watch out!